Jamie Dimon Reinforces Criticism of Bitcoin, Calls it a “Pet Rock”
JPMorgan chief Jamie Dimon has once again expressed his negative views on bitcoin, labeling it a “pet rock” and stating that this will be the last time he addresses the cryptocurrency. Dimon believes that there are two types of cryptocurrency: one that has the potential to “do something” and serve as a store of value, and one that is essentially useless. Bitcoin, according to Dimon, falls into the latter category.
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